Why Nasdaq at 5,000 makes sense this time Like a drunk to a bottle —or John Travolta to an unsuspecting starlet — when a major index sees a big number, it just has to have a taste. And 5,000 is looking pretty good to the Nasdaq right now.

‘Birdman’ wins four Oscars, including best picture Moore, Redmayne are top actors; ‘Budapest’ wins four awards “Birdman,” the quirky tale of a Hollywood action hero who tries to make a comeback via the Broadway stage, wins four Oscars at this year’s Academy Awards, including best picture

'Birdman' wins best picture Oscar, takes four awards LOS ANGELES (MarketWatch) -- "Birdman" did the expected and narrowly beat "Boyhood" for the best-picture Oscar at Sunday's Academy Awards. The offbeat tale of a Hollywood action star who tries to make a comeback in a Broadway play won four Oscars in all, taking prizes for directing, screenplay and cinematography. Eddie Redmayne was named best actor for his role in "The Theory of Everything" while Julianne Moore won best actress honors for her role as an Alzheimer's patient in "Still Alice."

Moore wins best actress Oscar for 'Still Alice' LOS ANGELES (MarketWatch) -- Veteran Hollywood actress Julianne Moore won the Oscar for best actress at Sunday's Academy Awards, for portraying an Alzheimer's patient in "Still Alice." Moore had been the favorite to win, having captured a number of honors leading up to the Oscar ceremony. "Still Alice" is a product of Sony Corp.'s Sony Pictures Classics.

Redmayne wins best actor Oscar for 'Theory' LOS ANGELES (MarketWatch) -- Eddie Redmayne, who portrayed ALS-stricken physicist Stephen Hawking in "The Theory of Everything," won the best-actor Oscar at Sunday night's Academy Awards. Redmayne was a favorite to win, having won several top acting honors in awards shows leading up to the Oscars. "Theory of Everything" was a production of Comcast Corp.'s Focus Features unit.

'Birdman' takes Oscar for best director LOS ANGELES (MarketWatch) -- "Birdman" won its third Oscar of the evening at Sunday's Academy Awards, taking the prestigious award for best director. The film's helmer, Alejandro G. Inarritu, took home a second statuette, as he moments earlier shared in the film's victory for best original screenplay. "Birdman" was distributed by 21st Century Fox Inc.'s Fox Searchlight unit.

'Birdman,' 'Imitation Game' win Oscars for screenplays LOS ANGELES (MarketWatch) -- "Birdman," the quirky tale of a Hollywood action hero who tries to produce a Broadway play, won the Oscar for best original screenplay at Sunday's Academy Awards in Los Angeles. Meanwhile, "The Imitation Game" took top honors for best adapted script. "Birdman" is a product of 21st Century Fox Inc.'s Fox Searchlight unit. "Imitation Game" was distributed by the privately held Weinstein Co.

'Grand Budapest' takes fourth Oscar, wins for music LOS ANGELES (MarketWatch) -- "The Grand Budapest Hotel" won its fourth Oscar at Sunday's Academy Awards, taking the top prize for original score. The film from 21st Century Fox Inc.'s Fox Searchlight unit also won for costume, makeup and production design. Alexandre Desplat, who composed the score, also had been nominated for producing the score for "The Imitation Game."

'Selma' wins Oscar for best original song LOS ANGELES (MarketWatch) -- "Selma," the historical drama about how Dr. Martin Luther King Jr. and his aides organized the seminal Alabama civil rights march from Selma to Montgomery in 1965, won the Oscar for best original song at Sunday's Academy Awards. The song, "Glory," performed minutes before the award was given, earned a standing ovation from the crowd at the Dolby Theater. "Selma" was a production from Viacom Inc.'s Paramount Pictures unit.

'Citizenfour' takes Oscar for documentary prize LOS ANGELES (MarketWatch) -- The film about Edward Snowden and his disclosures about covert U.S. government operations, "Citizenfour," took the Oscar for top documentary at Sunday's Academy Awards. "Citizenfour" was distributed by Time Warner Inc.'s HBO Documentary Films.

'Whiplash' surprises with Oscar for editing LOS ANGELES (MarketWatch) -- "Whiplash" scored a surprise victory at Sunday night's Academy Awards by taking honors for best editing, its third Oscar of the evening. The movie about a tough teacher who zealously pushes his music students to greatness also won a best-supporting actor Oscar for J.K. Simmons and one for sound mixing.

'Birdman' wins first Oscar by taking cinematography prize LOS ANGELES (MarketWatch) -- "Birdman," one of the most nominated films at Sunday's Academy Awards, took top honors for cinematography for its first Oscar of the night. The film had been nominated in nine categories. "Birdman" is a production of 21st Century Fox Inc.'s Fox Searchlight unit.

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